Finance Controlling Analyst - CP&O
Hitachi Energy · Bengaluru · onsite · Posted today
Undisclosed2–4 yrsfulltimeSourced from
About a minute. You'll make an account on the way through.
About this role
The Opportunity
Join the Controlling Practice and Operations (CP&O) team as a Finance Analyst based in Bengaluru. In this role, you will support manufacturing sites and business units by driving costing, financial planning and analysis, and controlling activities, providing insights that drive operational performance and achieve business objectives. This role offers the opportunity to work at the intersection of finance, operations, and business partnering, with broad exposure to global manufacturing finance and collaboration across Hitachi Energy. Ideal for an analytical and self-driven finance professional, the position provides opportunities to deepen expertise in SAP FICO, FP&A and performance management, while contributing to continuous improvement initiatives within the Controlling Capability Centers
How You'll Make an Impact
- Analyse business performance against budget and forecast, identify key drivers and trends, and provide value-adding insights to local factory, business, and hub controllers.
- Review orders received, order gross margin, backlog, and backlog gross margin, including reconciliations and monthly reporting.
- Assess monthly income statement performance before closing and explain deviations in revenue, margins, overhead absorption, and other key results.
- Apply revenue recognition principles for point-in-time and over-time scenarios, including an understanding of RA key logic in SAP S/4HANA.
- Deliver actionable profitability analysis at product and customer levels through SAP CO-PA (KE24/KE30), enabling performance evaluation and decision support within MTO (Make to Order) and MTS (Make to Stock) business models
- Analyze balance sheet movements, inventories, networking capital, capital expenditure, and cash flow, and recommend actions where required.
- Prepare recurring management and corporate reports in line with the reporting calendar and support planning, budgeting, and forecasting activities.
- Validate financial data through reconciliations and exception reviews, and support internal controls, SOX, statutory audits, and internal audits.
- Cashflow - Analysis of Cash in and Cash Out Direct Method and Indirect method - Gap analysis b/w actual and forecast
- Support preparation of relevant organization financial reporting, business planning, budgeting, and forecasting
- Validate accuracy of financial data and business information and reports by performing reconciliation and review of exceptions
- Improve productivity and service quality by automating solutions, eliminating duplicate work, standardizing reports and processes, and adhering to Controlling Capability Centers KPIs
- Any other Ad Hoc work/assignment/job given, based on urgency and requirement, from time to time which are not listed above
- Living Hitachi Energy's core values of safety and integrity, which means taking responsibility for your own actions while caring for your colleagues and business
Your Background
- Bachelor's degree in accounting, together with CMA, CA, or MBA qualification.
- 2 to 4 years of experience in financial planning and analysis; manufacturing industry experience is preferred.
- Working knowledge of standard costing, management reporting, budgeting, forecasting, and financial analysis.
- Hands-on experience with SAP FICO and CO-PA, understanding of SAP SD, PP, MM, and PS is preferred.
- Proficiency in Microsoft Office tools, particularly Excel and PowerPoint.
- undefined
- Strong analytical and critical-thinking skills, with the ability to solve problems independently and meet strict deadlines.
- Effective communication and presentation skills, with proficiency in spoken and written English.
- Demonstrated ability to use AI and digital tools to improve problem-solving, decision-making, and productivity while ensuring accuracy, compliance, sound judgment, and accountability for outcomes
More About Us
- Hitachi Energy offers exposure to diverse business units and opportunities to advance process standardization, automation, continuous improvement, and service quality across the organization.
- Willingness to adjust working hours in line with business and operational requirements
- Hitachi Energy is committed to fostering an inclusive workplace and advancing a sustainable energy future.
Demonstrates effective use of AI and digital tools to enhance problem-solving, decision-making, and productivity,
while applying sound judgment, ensuring accuracy and compliance, and maintaining accountability for outcomes
Sourced from naukri
Skills
AutomationCostingbusiness modelsfinancial dataauditsAutomatingcapital expenditureBusiness PartneringBusiness PlanningCASH FLOWfinancial analysisBudgetingAccountingcompliancefinanceCMAArtificial IntelligenceBalance Sheet
About Hitachi Energy
Hitachi Energy
Power
2.5k+
employees
2019
7 years old
Zurich, Switzerland
CH
About
Hitachi Energy focuses on providing innovative solutions to enhance sustainability across power and digital systems, addressing the global push for a carbon-neutral future.
Industries
PowerElectrical Equipment
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